Digital Gold vs. Risk Asset.
Bitcoin is often called 'Digital Gold' due to its fixed supply. However, in the short term, it behaves like a high-beta tech stock, reacting sharply to US economic data.
Understanding the 'Crypto Fear & Greed Index' can help you identify when the market is overextended and ready for a reversal.
Trading the Weekend Gaps.
- 24/7 Market: Unlike Forex, Bitcoin never stops. This means news can break on a Sunday and move the price before the Monday open.
- Lower Liquidity: Weekend volume is typically lower, which can lead to 'fake' moves that are reversed once institutional traders return on Monday.
- CME Gaps: Watch for price gaps between Friday's close and Monday's open on the CME Bitcoin Futures chart.
Managing Crypto Volatility.
Bitcoin can drop 5-10% in a single day. On a MixFunded account with an 8% max drawdown, a single unmanaged BTC trade can be fatal.
We recommend risking no more than 0.5% per trade on Bitcoin to account for slippage and rapid price changes.
Prop Trading BTC on MixFunded.
Start your Bitcoin trading career for just . Reach the 10% target at your own pace with no time limits, and pay the 50 activation fee only after you pass.
Get paid in USDT! MixFunded offers weekly USDT rewards, making it the perfect platform for crypto-native traders.